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BARAGA, MI 49908

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BARAGA, MI real estate market (49908) currently shows 3 active listings, with 1 pending sales. Homes are averaging 76 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 76 days on market compared to 140 days last year.

The median listing price has fallen 65.6% year-over-year, from $414,450 to $142,700.

Whether you are buying or selling in BARAGA, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,104  ·  Density: 11.0/mi²  ·  Median household income: $48,190

Typical home value: $111,667  ·  Homeownership: 68.6%

Market Overview

Active Listings
3
⇩ 57.1% vs 7 last year
Pending
1
33% pending ratio
Median Price
$142,700
⇩ 65.6% vs $414,450 last year
Average Price
$142,700
⇩ 62.6% vs $381,975 last year
Days on Market
76
⇩ 45.7% vs 140 days last year

Price Per Square Foot

Median $/sqft
$105
⇩ 55.9% vs $238/sqft last year
Median Home Size
1,586 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 7 last year
  • Days on market: 76 now vs 140 last year

Median & Average Pricing

Year over Year
  • Median: $142,700 (-65.6% YoY)
  • Average: $142,700 (-62.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 39.5 miles — 86 listings ($32,341,638 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49908Baraga, MI 499080.0 mi3$351,375$111,225$117,125
49946Lanse, MI 4994611.3 mi5$1,438,335$385,000$287,667
49919Covington, MI 4991918.0 mi5$2,035,125$367,250$407,025
49948Mass City, MI 4994820.3 mi1$199,999$199,999$199,999
49962Skanee, MI 4996220.9 mi3$1,416,000$472,000$472,000
49905Atlantic Mine, MI 4990525.4 mi5$2,773,335$540,000$554,667
49931Houghton, MI 4993126.6 mi16$6,414,400$359,000$400,900
49934Hubbell, MI 4993429.2 mi1$199,900$199,900$199,900
49945Lake Linden, MI 4994531.3 mi9$2,777,697$189,900$308,633
49808Big Bay, MI 4980833.1 mi3$2,949,900$1,380,000$983,300
49912Bruce Crossing, MI 4991234.9 mi1$149,000$149,000$149,000
49917Copper City, MI 4991737.8 mi1$101,950$101,950$101,950
49935Iron River, MI 4993539.5 mi33$11,534,622$187,000$349,534

Frequently Asked Questions

How many homes are for sale in BARAGA, MI 49908?

As of March 2026, there are 3 active listings in BARAGA, MI (zip code 49908), compared to 7 the prior year.

What is the median home price in BARAGA, MI 49908?

The median listing price in BARAGA, MI 49908 is $142,700 as of March 2026, a 65.6% decrease from $414,450 the prior year.

How long do homes stay on the market in BARAGA, MI?

Homes in BARAGA, MI 49908 spend an average of 76 days on the market before going under contract, compared to 140 days the prior year.

Is it a seller's or buyer's market in BARAGA, MI 49908?

Based on current inventory and days-on-market data as of March 2026, BARAGA, MI 49908 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 76 days on market compared to 140 days last year.

How much can I save on real estate commission in BARAGA, MI?

With SELL123.com's maximum 3% commission, sellers in BARAGA, MI 49908 save an estimated $2,854 compared to a typical 5% commission on the median listing price of $142,700. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.